Sofi has been beaten down harder than a bowl of scrambled eggs. Down a whopping 81% from its high last year in the exuberant weeks following its IPO, all of those VC investors surely pumped and dumped while laughing at the ridiculous multiples. Sofi is in a major downward wedge which will pop from pent up demand - at some point. But that is not the point of this...
I think Anthony Noto is looking at the weekly chart too. Seeing a bullish cross on the MACD. RSI is extremely oversold and looks to have bottomed out. And SOFI looks like it's battling with the upper bound of this parallel channel. Once it fights through it and closes above it, it should easily hit $7.70. The sweet spot for the majority of people to get out...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Today my team entered digital finance company $SOFI at $6.70 per share. Our...
SOFI recently broke out of the downtrend channel and successfully retested the channel and bounced. It is also in a pennant and resolving pennant to the upside could result the price to head back to $10 area. Not an investment advice.
LONG-TERM: Double bottom, channel breakout, hidden bullish divergence. (not financial advice)
Technically, if we close above $5.5 things can change. Need follow through above $5.50 for at least 3 days to say May 10 low of $4.82 was the bottom. On the bearish side view, if $4.82 is taken out, we can see $3.59. Why? coz it the year long side way channel break down target. By some miracle, if the price break above $6.30, there is a chance that we could see...
I will give you 3 things in what to think. 1. Unemployed people 2. Inflation 3. Leverage Unemployed people will use credit to buy that credit will generate revenue, inflation means the reduction in the consumption power, people have two options consume less or by with credit, that means earnings, leverage, people use credit to acquire houses, cars, and other...
SOfi is about to stand up to reach next support =) Quick setup on long Use SL, not financial advice
we either see trend resistance act as support now then rally to the upside like $NIO did not too long ago.. or we break back into the bearish trend and head to new lows be ready to play both sides, long trigger at 7.46, short trigger 5.99
ZNGA After its Uptrend peaked Jan.’21, ZNGA entered a Distribution stage that saw price move sideways until end of July.’21. Price broke down from range and officially entered Downtrend Aug.’21. The down move saw price fall from 9.70 to 5.69. Early Jan.’22, price bounced on a gap move pullback up to high of 9.17. It failed to break back above 9.72 resistance...
I am looking for SOFI to start off the week a little higher and then fall to the mid 6's. Either the end of the week or in early june I am expecting a run to anywhere from 8-10$ tops (depending on the structure of the b wave). And then it will make its final descent back down towards the ATL's. I go more in depth in the videos on my channel.
Great entry for shares long-term or call swings 2-6 Months+ out. Expecting short term within 6-12 months this moves to $15/share. Long term looking at $30-45/share.
How quickly market can change...this was one of the weakest names in last month's sell-off and got slaughtered, but now emerging as a leader among the growth names. Claimed 11 EMA and daily mid BB ++ 60VMA overhead will be key spot to watch around 8.3 if it can build below, first target will be 13. not a position yet, but on watch for long target.
What we see here? We see convergention and increasing volumes on the one hand and good financial statistics on the other hand. SOFI is hugely oversold stock, time for bull run?
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: My team entered digital finance company Sofi Technologies $SOFI at...
win or lose..that's my only choice .. there is a divergence where AO shows up movement but the price shows down movement..when divergent occurs, most likely the price will change trend ..
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Today my team entered digital finance company $SOFI at $6.70 per share. Our...